Interesting. I thought perhaps the price fell.The State paid farmers to not grow it anymore.
Didn't every farmer that took that buyout do it voluntarily?The State paid farmers to not grow it anymore.
The State paid farmers to not grow it anymore.
But why did they all suddenly decide to not grow it at basically the same time? Because the State paid them to.Didn't every farmer that took that buyout do it voluntarily?
Then the answer would be they choose not to.
Still a choice, they took a one time payout instead.But why did they all suddenly decide to not grow it at basically the same time? Because the State paid them to.
That would have been Peter Angelos.For your consideration ...
Remember when the lawyer here in Maryland that brought that case was paid/charged over a billion for trying and winning the case? And then had to go to court to get the money because everyone was stroking out at the amount? Then the courts said, yup, he is due it and it must be paid?
I had heard some/most of the Amish didn't take it.Pretty sure there are a few growers left. Nowhere near what it used to be like. The money for the buy-out came from that big settlement when tobacco companies got sued.
Not really a choice at all. The entire industry disappeared almost overnight, eliminating the farmer's ability to grade and sell their bacca crop locally. I remember 40 years ago, the long lines of trucks and horse-drawn wagons loaded high with pressed tobacco, waiting in line to get theirs in to the massive buy/auction barn in Hughesville.Still a choice, they took a one time payout instead.
I pointed out a small field of tobacco the other day...first I'd seen in years. I wonder where they transport it to sell it...Pretty sure there are a few growers left. Nowhere near what it used to be like. The money for the buy-out came from that big settlement when tobacco companies got sued.
Few of the Amish I deal with up towards Thompson's Corner/Mechanicsville grow it any more.I had heard some/most of the Amish didn't take it.
I wonder how much of that is demographics, I don't know hardly anyone that smokes any more, 20 years ago I knew a bunch of smokers.Not really a choice at all. The entire industry disappeared almost overnight, eliminating the farmer's ability to grade and sell their bacca crop locally. I remember 40 years ago, the long lines of trucks and horse-drawn wagons loaded high with pressed tobacco, waiting in line to get theirs in to the massive buy/auction barn in Hughesville.
The SOMD tobacco was still in high demand when the state stepped in with the buyouts. They made the buyout amounts juicy enough that the writing was on the wall for the farmers that relied heavily on tobacco income. I was amazed at how quickly the massive Hughesville tobacco auction barn operations shrank and then closed down.I wonder how much of that is demographics, I don't know hardly anyone that smokes any more, 20 years ago I knew a bunch of smokers.
May have been a smart choice, other than growing some sort of boutique tobacco that is. I just learned that clove cigarettes are no longer legal to sell the other day. Those things were everywhere in the 90s.
Phillip Morris and Alitra split to keep the domestic and foreign sales separate about 20 years ago I'd say, the foreign one was the one that still had growth back then. I think tobacco(use) in the US is pretty much dying. PM did heavily invest in marijuana and ecigs.The SOMD tobacco was still in high demand when the state stepped in with the buyouts. They made the buyout amounts juicy enough that the writing was on the wall for the farmers that relied heavily on tobacco income. I was amazed at how quickly the massive Hughesville tobacco auction barn operations shrank and then closed down.
Clove cigs are not legal any more? GTFO..that's nuts. LOL. I remember a couple "kids" that puffed on those way back in the day. Not something I cared for though.
My Bro-in-law recently retired from a tobacco processing company down in southern VA. Surprisingly, the Japanese invested in that industry and are actually explaining and upgrading some of the older plant that they acquired. Tobacco might be just about dead in MD but not in VA.
I quit a 2+ pack a day habit in 2010. that was what did 'em in.Phillip Morris and Alitra split to keep the domestic and foreign sales separate about 20 years ago I'd say, the foreign one was the one that still had growth back then. I think tobacco(use) in the US is pretty much dying. PM did heavily invest in marijuana and ecigs.
I've seen much more being grown again here in N.C. in recent years than in the 20 years before. Still not as much as when I worked those fields, but a comeback nonetheless.Tobacco might be just about dead in MD but not in VA.
That's where a lot of the remaining Maryland tobacco goes. It's been a few years since I talked to my tobacco farming buddy. What he told me was once the buyout happened and the auction houses closed that most of the remaining farmers grew it under contract and a bunch was slated for export. I don't know if that's still true.Is there an overseas market for US tobacco?